Utahns filed 3,737 new claims the week ending Saturday, down dramatically from a coronavirus-related peak of 33,000 reached in April and well below its average level of about 5,000 per week since late May. Continued unemployment claims represent anyone who's filed for benefits a few times, so ODJFS has said they indicate whether people are going back to work after coronavirus shutdowns.
The report also revised up the previous week's claims by 6,000.
The U.S. Department of Labor adjusted last week's initial claim number down to 8,811 (a decrease of 694) and continuing claims to 115,930 (a decrease of 880 for a total decrease of 1,574), states the release. Workers will no longer collect the benefit unless Congress agrees to it in the next relief package.More news: MTV's VMAs to honor coronavirus shutdown music
As a reminder, the Federal Pandemic Unemployment Compensation payments of $600 per week, made possible by the federal CARES Act, expired July 25.
The nation's gross domestic product fell at a 32.9 percent annualized rate in the second quarter and 9.5 percent compared with the same period a year ago－the sharpest decline for both tallies since 1947 when record-keeping began, the US Commerce Department reported on Thursday.
The number of initial jobless claims in the United States rose to 1.43 million last week amid a resurgence in COVID-19 cases, following an increase in the previous week, the Labor Department reported Thursday. The Republican proposal introduced this week would trim that extra payment to $200 and cap unemployment benefits to 70% of an individual's pre-coronavirus earnings. New unemployment claims peaked at a state-record 272,188 during the week ending March 28.More news: How major U.S. stock indexes fared Thursday
Initial Pandemic Unemployment Assistance claims were down to 268 in Clark County last week.
Extensions would only apply to approved beneficiaries who've already completed their 26 weeks of regular unemployment benefits and 13 weeks of Pandemic Emergency Unemployment Compensation (PEUC).
More than 30.2 million people were receiving benefits for the week ended July 11, down 1.6 million from the previous week.More news: Google's Autofill Getting Last Thing It Truly Needed